XAUUSD BUY TRADE IS HERE!Hello guys I am seeing a good buy from here on xauusd with a safe take profit of 80 pips and an 40 pips sl so let's catch and win this trade together.
Goldtrend
GOLD. near to his today resistance? Holding?#GOLD...well guys in today we have 2181 as important resistance, if market hold it then drop expected from here,
Keep close it and manage accordingly.
Good luck
Trade wisely
Gold continues to move unexpectedly, entry sell todayWorld gold prices inched up slightly with spot gold increasing by 5.7 USD to 2,176.5 USD/ounce. Gold futures last traded at 2,177.6 USD/ounce, up 4.6 USD compared to yesterday morning.
The world gold market fluctuated slightly as investors were still waiting for US inflation data later this week to know more about when the US Federal Reserve (Fed) will begin to loosen monetary policy. bad this year.
RJO Futures senior market strategist Bob Haberkorn predicts gold will rise in the near term on interest rate expectations, unless the Fed changes its stance or makes some announcement that it will eliminate interest rate cuts. capacity.
Gold could fall again if personal consumption spending data is stronger than expected, Haberkorn said. However, this precious metal will quickly regain its upward momentum.
Last week, gold hit a record high of $2,222.39 an ounce after Fed policymakers said they still expected to cut interest rates by three-quarters of a percentage point in 2024 despite persistent inflation. still far from the target level of 2%. Currently, traders are currently forecasting a 71% chance that the first rate cut will take place in June.
Go long gold first, then go short goldDear friends, in today's gold trading, I successfully grabbed more than 43 points of profit, and made a total profit of more than 28K in gold trading today. I believe that if you have followed my trading signals, you will have a very good trading result as well. So how should we participate in gold trading next? From a graphic point of view, it can be found that gold's current bottom trend line support is in the 2165-2160 area, while the short-term support is in the 2172-2168 area, so gold may rebound again after touching these two areas.
So relatively speaking, in gold trading, we can first go long gold based on the short-term support area, and the target can be 2185 and 2195. Of course, after gold rebounds to these two target positions, we can also consider shorting gold in this position area.
There are many options for trading now, so you can still make a lot of profits from it. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold! Will the rally continue..?As expected, gold futures were pretty much flat before the expiry of the March 24 option series, with the only notable exception being a spike in volatility after the Fed news.
And what's going on in the options market right now?
At the moment, there aren't really any interesting portfolios that show signs of insider trading in the option market. Yes, yesterday there were some pretty significant portfolios opened in growth with an underlying asset value of around $3,000 for the May series, but the logic behind their opening was pretty standard and, in our opinion, doesn't have a lot of predictive power.
Gold sell zone 2206.00 - 2209.00XAUUSD GOLD Update
Gold sell zone 2206.00 - 2209.00
TAKE PROFIT 01 : 2201.00
TAKE PROFIT 02. 2196.00
STOPLOSS 2212.00
When hitting targets:
Set Break-Even after 35-40 pips.
Partial close at 1st target or book minimum 40-50 pips.
Implement minimum 2 layers in the zone.
Stay sharp, stay savvy. Let's conquer those markets together
Boldly short gold and wait to count the moneyDear friends, gold has risen rapidly in the short term, once soaring to around 2200. I believe many people in the market have gone crazy. Such a large increase in the short term is indeed beyond my expectations, but after the market madness, you need to calm down.I think this is a market washout for investors.The 2222 position is still an elusive position, so I think gold's current rebound is mainly around the 2200 integer mark, so I think this position area is an excellent location to place gold short orders.
So judging from the current trend, although gold's short-term rebound to the 2200 mark looks very strong, I think it is more of a market washout. Therefore, in the face of this extreme market, we must be careful and at the same time be good at seizing trading opportunities. Because the profits obtained in this kind of opportunity will be much better than usual.
Therefore, according to the current trend pattern, we should not easily chase long gold for the time being. On the contrary, we should be good at exploring opportunities and participate in short-term short gold trading. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold fell back after rising high, short gold with eyes closedDear friends, gold was affected by geopolitical conflicts. Gold once soared to around 2200, which can be described as a desperate counterattack by the bulls. To be honest, the bulls and bears have been in a weak retracement situation recently, and the market is still slightly better than the bears. At present, gold continues to form a counter-draw situation, which I think is a washout move by the market against investors. The 2222 position is still an elusive position, so I think gold's current rebound is mainly around the 2200 integer mark, so I think this position area is an excellent location to place gold short orders.
So judging from the current trend, although gold rebounded to the 2200 mark again with the help of market news, I think it is more of a washout in the market. Therefore, in the face of this extreme market, we must be careful and at the same time be good at seizing trading opportunities. Because the profits obtained in this kind of opportunity will be much better than usual.
So at present, I am very much looking forward to the trend of gold rising and then falling back. Currently, I have participated in short gold trading. Of course, at the right price, you can also consider participating in short gold trading. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold moves in a wide range, sideways⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is struggling to take advantage of the small gains made the previous day and is moving within a narrow range around the $2,170 mark during the Asian session on Tuesday. However, caution is advised before placing aggressive bearish bets on the precious metal and expecting a continuation of the recent significant decline from the record high near the $2,223 area reached last Thursday.
Last week, the Federal Reserve (Fed) projected a less restrictive monetary policy in the future and indicated that it remains committed to reducing interest rates by 75 basis points this year. As a result, the US Dollar (USD) bulls are on the defensive, which benefits the non-yielding gold price. Additionally, escalating geopolitical tensions are supporting the safe-haven XAU/USD and should help limit any significant downward movement.
⭐️ Personal comments NOVA:
The price range of $2150 - $2190 becomes the sideway range of Gold price, waiting to break the trend
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2150 - $2152 SL $2145
TP1: $2160
TP2: $2170
TP3: $2180
🔥SELL GOLD zone: $2188 - $2190 SL $2195
TP1: $2180
TP2: $2170
TP3: $2160
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAUUSD:Go long and pay attention to 2183 resistance
The strategy of going long first today is very good. Currently, the main force is that the bulls have not completely relieved their efforts. In the 2h chart, there is still a wave of upward momentum, supporting around 2169-2162.
If it falls back, you can continue to go long. The probability of going up is very high during today's U.S. market time or tomorrow's Asian market time.
The resistance is first around 2183. The resistance around 2180 is not strong, and the strong resistance is around 2192-2196. If after breaking through 2183, the backtest support near 2174 is effective, you can continue to go long.
XAUUSD:Trade Shorts During Tomorrow's Asian Session
The 1H chart shows that the bears are showing signs of exerting force. For the rest of the day, we will continue to focus on the resistance near 2183. Tomorrow, the Asian market will give priority to shorts and support 2162-2158.
Gold rebounded to the high of the shock range, Sell againYesterday, gold did not fluctuate much. The K-line rebound was also around 2180, and then it could not move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards, and the rebound was also yin and yang. It is definitely not a U-turn. We continue to trade high and sell under pressure at 2184.
The gold four-hour line is still in a downward trend. The upper resistance line of 2185 and 2196 are currently difficult to cross. Yesterday's closing price was near 2172, which is obviously below 2180. The macd energy column is also gradually declining, directly approaching the zero axis. Yes, the overall bias is mainly bearish.
Today’s strategy is empty
Yesterday, the price of gold fluctuated within a narrow range. It was difficult to rise and could not rise. A retracement is inevitable. Yesterday, I will change my thinking and wait for the opportunity to increase and sell short!
From the current point of view, the bulls are struggling, which is already a signal of the initial top. Even if the current moving average is at the bottom and continues to support the gold price, it will definitely fall back after the high consolidation. 2178 continues to be held.
XAUUSD: This Way fo GoldHello my friend . By according to the chart of Gold we see the pullback to the above zone.
Gold price decreasedGold prices at the beginning of the trading session on March 25 (US time) increased again after a deep decline last week, slightly weakening the USD. However, according to analysts, in reality, the strength of the USD is at a high level, causing gold to suffer a lot of downward pressure, posing many risks.
Specifically, senior market analyst Lukman Otunuga of FXTM said that after rising to an all-time high last week, gold prices are under a lot of pressure and will likely decrease in the near future. to increase the strength of the USD.
CEO Marc Chandler of Bannockburn Global Forex also said that the USD is increasing in strength, along with the increase in bond yields, which means gold prices will decrease.
Similarly, VR Metals/Resource Letter expert Mark Leibovit predicts that USD strength will send gold lower in the next few days.
Gold is under downward pressure because the USD is at a higlevelGold prices at the beginning of the trading session on March 26 (US time) increased again after a deep decline last week, due to the slight weakening of the USD. However, according to analysts, in reality, the strength of the USD is at a high level, causing gold to be under a lot of downward pressure, posing many risks.
Specifically, senior market analyst Lukman Otunuga of FXTM said that after rising to an all-time high last week, gold prices are under a lot of pressure and will likely decrease in the near future. due to the increasing strength of the USD.
CEO Marc Chandler of Bannockburn Global Forex also said that the USD is increasing in strength, along with the increase in bond yields, which means gold prices will decrease.
Similarly, VR Metals/Resource Letter expert Mark Leibovit predicts that USD strength will push gold lower in the next few days.
Meanwhile, market strategist Colin Cieszynski at SIA Wealth Management gave a neutral view on gold prices. According to this expert, gold has had great fluctuations recently and it is likely that this precious metal will consolidate in the coming days.
Selling strategy today, downtrendWorld gold prices increased with spot gold increasing by 7.5 USD to 2,170.8 USD/ounce. Gold futures last traded at 2,173 USD/ounce, up 13.2 USD compared to yesterday morning.
Prices for the yellow metal rose slightly in early trading as investors awaited key economic data and comments from US Federal Reserve (Fed) officials this week for further confirmation. loosening monetary policy of the US Central Bank.
The market is currently waiting for weekly initial jobless claims data to be released on March 28 and core personal consumption expenditure index (PCE) data expected to be released. the day after that. However, because the market will be closed this Friday as the US closes for the Good Friday holiday, PCE data will not have an impact on gold until early next week.
Research expert Kunal Shah of Nirmal Bang Commodities predicts that US inflation indicators will have a significant impact on the gold market. According to him, any PCE figure lower than expected will weaken the USD and push up gold prices and vice versa.
A sure-win trade: Shorting goldDear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold. For specific details, you can refer to my previous article. First, go long gold near the 2165 position; second, short gold in batches in the 2175-2180 area.
Judging from the current trend, although gold touched near the 2181 position during the rebound, the upper shadow line on the candle chart has grown, proving that there is still very strong resistance above, and the trend has surged higher and fallen back, with an obvious peaking callback signal. If gold fails to break through the key area of 2180-2185, then gold is expected to usher in a correction phase and continue to fall under pressure.
In terms of trading, even though our gold short position has not yet hit TP, we currently have a pretty good profit, and we can continue to hold it and wait for the profit to increase significantly. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold will continue to fall and profits are about to flyDear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold. For specific details, you can refer to my previous article. First, go long gold near the 2165 position; second, short gold in batches in the 2175-2180 area.
Judging from the current trend, although gold touched near the 2181 position during the rebound, the candle chart closed with a long upper shadow line, proving that there is still strong resistance above. And if gold can never break through the 2185 position, then there will be a wave of downward trend in gold. This is also the reason why I am not in a hurry to close my position even though gold is currently profitable!
So on the trading side, currently our gold short position has not hit TP. But you don’t need to worry, I will accompany you through this lonely journey. And I guarantee you’ll make money on this deal.I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
The signal of gold peaking is obvious, the current price is SellToday’s strategy sharing
Gold has clearly peaked at the moment, with continuous negative lines falling. Even the rebound is short-lived. After all, it still looks like it is falling. It is suppressed by the moving average after all. The moving average is running downwards, with no possibility of turning around. The continuous negative line covers the rebound of the positive line, which is obviously If you look at the decline, continue to wait for the 2145 line.
So I think now I can wait for the rebound and sell again
Grasping the golden rhythm of short selling means making moneyDear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Gold is currently trading at 2165. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to reach a new high, and it is even difficult to break through the 2195 position.
Then gold will continue to adjust downwards, but judging from the current strength of its decline, gold will still continue its shock-like decline, so we need to wait until the right position to short gold. Gold is currently trading at 2165. You certainly cannot short gold directly at this position. We first focus on the 2175-2180 resistance area above.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Still maintain the trading rhythm of shorting goldDear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to reach a new high, and it is even difficult to break through the 2195 position.
From the perspective of the general trend, gold's mid-term decline has basically been confirmed, and it will be difficult to reach new highs later. And now we are mainly confirming the rhythm at which gold will fall. From the current point of view, the energy of gold bulls still exists to resist the decline of gold, so it is difficult for gold to fall to the bottom in one step. Therefore, gold is likely to continue its volatile decline, and there may be a possibility of a partial rebound during the correction. This will add some difficulty to our trading rhythm. If we cannot control the transaction price well, we are likely to suffer losses in the transaction. Gold is currently trading at 2165. You certainly cannot short gold directly at this position. We first focus on the 2175-2180 resistance area above.
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold price sideway is stable above $2150 - $2180⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) remains above the mid-$2,100s in the early hours of Asian trading on Monday. The increase in the value of the yellow metal is supported by the likelihood that the US Federal Reserve (Fed) may reduce interest rates later this year. Traders are anticipating the release of the US Gross Domestic Product (GDP) figures for the fourth quarter (Q4), which are expected to stay stable at 3.2%, in order to gain new momentum. Currently, the price of gold is trading around $2,168, with a gain of 0.15% for the day.
Last week, after its March meeting, the Fed decided to keep its benchmark interest rate unchanged within the range of 5.25% to 5.50% for the fifth consecutive time. Fed Chairman Jerome Powell hinted that the central bank was planning three interest rate cuts in 2024, which increased investor demand for the precious metal and caused the price of gold to rise. According to the CME FedWatch Tool, investors have priced in a 72% chance that the Fed will begin cutting rates at the June meeting, up from 65% before the rate decision.
⭐️ Personal comments NOVA:
After the terrorist incident in Russia, Gold price increased slightly and returned to above $2170. Stable sideway $2150 - $2180 continues to wait for new moves and information from the FED
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2150 - $2152 SL $2145
TP1: $2160
TP2: $2170
TP3: $2180
🔥SELL GOLD zone: $2183 - $2185 SL $2190
TP1: $2175
TP2: $2165
TP3: $2150
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
